Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > News > Nanotechnology and the Changing Face of the Electric Utility Industry

October 31st, 2007

Nanotechnology and the Changing Face of the Electric Utility Industry

Abstract:
Nanotechnology: A Cautionary Tale for the Electric Utility Industry

In 1968, Swiss watch manufacturers controlled 80 percent of the world market in high quality watches. By 1973, their market share had plummeted to less than 25 percent and they were forced to lay off 50,000 watchmakers. The reason for the sudden reversal of fortune was quartz technology--a new, disruptive technology which ushered in an era of cheap, reliable electronic watches.

The story serves as a poignant reminder of the power of technological change. It is very relevant to the electric utility industry because nanotechnology--a new emerging set of technologies--has the potential to revolutionize the electric utility industry in much the same fashion as quartz technology changed the "timepiece" industry.

Source:
jumpthecurve.net

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

A new 'spin' on kagome lattices: Team's findings shed new light on the presence of spin-orbit coupling and topological spin textures in kagome lattices December 9th, 2018

Milestone for bERLinPro: Photocathodes with high quantum efficiency December 8th, 2018

Harnessing the power of 'spin orbit' coupling in silicon: Scaling up quantum computation December 7th, 2018

New research could fine-tune the gene scissors CRISPR December 1st, 2018

Energy

New catalyst produces cheap hydrogen November 30th, 2018

New insight into molecular processes November 23rd, 2018

Rice U. scientists form flat tellurium: Two-dimensional element shows promise for solar cells and other optoelectronics October 26th, 2018

How to mass produce cell-sized robots: Technique from MIT could lead to tiny, self-powered devices for environmental, industrial, or medical monitoring October 24th, 2018

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project